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95bFM: Manning & Deady - Key's Give n Take Gamble |
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Selwyn Manning and Paul Deady discuss how the National-led Government has moved to increase GST tax up to 15 percent, while committing to personal tax cuts. The consequence will be a little more in the pocket for the average earner, but higher rates of spending with the cost of living pushed up, inflationary pressures that will immediately consume any supposed gains. It is a means of shifting wealth further across to the wealthy.
“Imagine going for a tramp in the forest. Last year you would hear tui singing in the trees, if you are lucky you may have seen a kereru wood pigeon sweeping down, grey warblers and fantails darting about singing a unique tune. Hell, at night you may have heard a morepork call or even a Kiwi!
“Well, forget that once the mine exploration crews hit the hills. You will stroll along to the rhythm of rock crushers, bulldozers, and ditchdiggers ploughing through the forest determined to clear a way through for machinery to follow that will harvest a glorious bounty of gold. Heaven help us if the exploration crews actually find gold there...”
I suppose it is no surprise really, after all the National lot, when in opposition, sat their with silent smirks on their faces, quietly counting on their fingers while the past coalition government bought up land and set it aside as conservation parks supposedly preserving its beauty. What a bunch of crooks.
This is the same policy that George W Bush advanced in the USA where he unlocked its national parks in Alaska and elsewhere for mining and oil exploration. As if raping Iraq to control its oil wasn't enough.
John Key said yesterday New Zealand’s third-largest export earner was oil.
He said, in 2009 the Crown received nearly $1 billion from petroleum production with $543 million being from royalty payments alone. “During this year the Government will progress an action plan to unlock New Zealand’s petroleum potential. Estimates are that the petroleum sector could generate many billions more in export revenues by 2025.”
PM Key added: “There is also extraordinary economic potential in the mineral estate residing in Crown-owned land.”
Well, behold and watch for the swindle, 2010-style, is about to begin.